Uncategorized

It is good to see the EUR moving against the Swiss even though I never trade this pair.

Since several years ago when the CHF was pegged against the EUR I developed a habit of never trading these two against each other. Now they do have movement unlike a few years ago but the habit remains with me. It is good to use the movement of the EUR against the CHF to help […]

It is good to see the EUR moving against the Swiss even though I never trade this pair. Read More »

Bitcoin has done nothing but continue to form the classic correction pattern with each turn clearly identified on all time frames.

Reading Bitcoin charts as well as other cryptocurrencies like Eutherium has been surprisingly easy if you know how to read charts the way we do every day in our live trading sessions. It is no different than other Forex pairs or commodities. So far every step and every turn has been easily read and easy

Bitcoin has done nothing but continue to form the classic correction pattern with each turn clearly identified on all time frames. Read More »

People with Creative Personalities are Much More Likely To Learn How To Trade

I have been saying this for years. Trading attracts a lot of engineering type personalities who expect to get success from their technical knowledge and mathematics skills. Those can help but if a person is totally left brained they will not be able to see the obvious in trading which is a shape that is

People with Creative Personalities are Much More Likely To Learn How To Trade Read More »

Yes I did go long on the EUR USD BEFORE FOMC Meeting Minutes

This was because of an unmistakable pattern but now the movement was not big enough and I am seeing a correction in a downtrend indicating that likely there will be one more move down. https://www.dailyfx.com/forex/analyst_picks/todays_picks/james_stanley/2017/07/05/long-eurusd-at-market-ahead-of-fomc-nfp-srepstans.html?DFXfeeds=forex:analyst_picks:todays_picks:james_stanley

Yes I did go long on the EUR USD BEFORE FOMC Meeting Minutes Read More »

Trading Stars Podcast 22: How To Use NLP to Reprogram the Mind to Win in Trading

       Our guest today is Anthony Beardsell, Anthony Beardsell, lead trainer of Excellence Assured NLP Training , all-star trader & author of the book Mind Management & Mindfulness. In this candid conversation Anthony shares some of the experiences of his own journey and the insights he has had along the way about how NLP

Trading Stars Podcast 22: How To Use NLP to Reprogram the Mind to Win in Trading Read More »

Why judgement and self-righteousness are limitations we must overcome in our personal development mind training.

Both self righteousness and self punishment/unworthiness are limiting beliefs that are programmed in our minds. These are the blockers to our ability to create success and happiness now because they keep nagging at our minds unconsciously sabotaging our efforts to create success. http://www.filmsforaction.org/articles/the-trap-of-righteousness/  

Why judgement and self-righteousness are limitations we must overcome in our personal development mind training. Read More »

Yellen Claims that Banks are Stronger Now and a Financial Crisis is Not Likely in Our Lifetime.

I am not sure how long Yellen’s lifetime should be predicted to be but I guess this is comforting to hear from the person who should be the expert on economics in the U.S. But, of course, can we really trust the people who run the Fed, whose agenda may be to keep people ignorant

Yellen Claims that Banks are Stronger Now and a Financial Crisis is Not Likely in Our Lifetime. Read More »

Beautiful short on USD CHF now approaching possible exit!

The dollar has sunk against the CHF and the EUR this week but I believe that is mostly because of the EUR action going up. Whatever the reason for the move we nailed it again but not nearly as profitable as the trades we entered on the EUR AUD and EUR NZD. https://www.investing.com/news/forex-news/dollar-sinks-to-seven-month-lows-against-rivals-amid-euro-surge-499815

Beautiful short on USD CHF now approaching possible exit! Read More »

I have been looking for a turn on all dollar pairs and thinking it could happen today.

John Kicklighter is an excellent analyst using both technical and fundamental indicators and when he explains things in his videos it makes so much sense and often confirms what I was expecting. https://www.dailyfx.com/forex/video/daily_news_report/2017/06/21/Trading-Video-Dollar-On-Technical-Verge-of-Reversal-SPX-Further-to-Go-RBNZ-Ahead.html?DFXfeeds=forex:video:daily_news_report

I have been looking for a turn on all dollar pairs and thinking it could happen today. Read More »